SSS pushes for social security protection of Filipino seafarers

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SSS pushes for social security protection of Filipino seafarers
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Social Security System president and chief executive Rolando Ledesma Macasaet signs a memorandum of agreement for the creation of the Maritime Industry Tripartite Council organized by the Department of Migrant Workers. With Ledesma are Transportation Secretary Jaime Bautista and Labor Secretary Bienvenido Laguesma.

Macasaet said the council was a testament to the unified commitment to address maritime employment concerns and advance the protection of Filipino seafarers. Macasaet said they could also take advantage of various SSS loan programs, such as salary and calamity, and get additional coverage from the employees’ compensation program for work-related sickness or injury resulting to disability or death.

He said seafarers would get their total contributions and investment income at the time of their retirement, which they may opt to receive as a monthly annuity if their WISP savings exceed P100,000.

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